{"id":838577,"date":"2025-04-17T08:50:05","date_gmt":"2025-04-17T12:50:05","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/ascent-industries-co-announces-multi-year-specialty-chemicals-contract-driving-significant-ebitda-growth\/"},"modified":"2025-04-17T08:50:05","modified_gmt":"2025-04-17T12:50:05","slug":"ascent-industries-co-announces-multi-year-specialty-chemicals-contract-driving-significant-ebitda-growth","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/ascent-industries-co-announces-multi-year-specialty-chemicals-contract-driving-significant-ebitda-growth\/","title":{"rendered":"Ascent Industries Co. Announces Multi-Year Specialty Chemicals Contract, Driving Significant EBITDA Growth"},"content":{"rendered":"

<\/p>\n

Ascent Industries Co. Announces Multi-Year Specialty Chemicals Contract, Driving Significant EBITDA Growth<\/b><\/p>\n

SCHAUMBURG, Ill.–(BUSINESS WIRE<\/a>)–
\nAscent Industries Co. (Nasdaq: ACNT) (\u201cAscent\u201d or the \u201cCompany\u201d), an industrials company specializing in the production and distribution of specialty chemicals and industrial tubular products, today announced the signing of a significant multi-year contract, expanding its relationship with an existing customer. The agreement is expected to generate more than $750,000 in additional annual EBITDA, representing a 10% year-over-year increase for the Specialty Chemicals segment.\n<\/p>\n

\n\u201cThis contract marks a significant milestone in our ongoing transformation and underscores our strategic shift toward becoming a pure-play specialty chemicals company,\u201d said Bryan Kitchen, President and CEO of Ascent. \u201cSecuring long-term, high-value agreements like this strengthens our financial position and validates the growth platform we established in 2024. As we accelerate into growth mode, we remain focused on delivering sustainable, long-term value to our shareholders.\u201d\n<\/p>\n

About Ascent Industries Co.<\/span><\/b><\/p>\n

\nAscent Industries Co. (Nasdaq: ACNT) is a company that engages in a number of diverse business activities including the production of specialty chemicals and industrial tubular products. For more information about Ascent, please visit its website at www.ascentco.com<\/a>.\n<\/p>\n

Forward-Looking Statements<\/span><\/b><\/p>\n

\nThis press release may include “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 and other applicable federal securities laws. All statements that are not historical facts are forward-looking statements. Forward looking statements can be identified through the use of words such as “estimate,” “project,” “intend,” “expect,” “believe,” “should,” “anticipate,” “hope,” “optimistic,” “plan,” “outlook,” “should,” “could,” “may” and similar expressions. The forward-looking statements are subject to certain risks and uncertainties which could cause actual results to differ materially from historical results or those anticipated. Readers are cautioned not to place undue reliance on these forward-looking statements and to review the risks as set forth in more detail in Ascent Industries Co.\u2019s Securities and Exchange Commission filings, including our Annual Report on Form 10-K, which filings are available from the SEC or on our website. Ascent Industries Co. assumes no obligation to update any forward-looking information included in this release.\n<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20250417684523\/en\/<\/a><\/span><\/p>\n

Company Contact
\n<\/span><\/b>
Ryan Kavalauskas
\n
Chief Financial Officer
\n
1-630-884-9181\n<\/p>\n

Investor Relations
\n<\/span><\/b>
Ralf Esper
\n
Gateway Group, Inc.
\n
1-949-574-3860
\n
ACNT@gateway-grp.com<\/a><\/p>\n

KEYWORDS:<\/b> United States North America Illinois New York<\/p>\n

INDUSTRY KEYWORDS:<\/b> Machine Tools, Metalworking & Metallurgy Chemicals\/Plastics Manufacturing Other Manufacturing Machinery Steel<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
\"Logo\"<\/td>\n<\/tr>\n
<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

Ascent Industries Co. Announces Multi-Year Specialty Chemicals Contract, Driving Significant EBITDA Growth SCHAUMBURG, Ill.–(BUSINESS WIRE)– Ascent Industries Co. (Nasdaq: ACNT) (\u201cAscent\u201d or the \u201cCompany\u201d), an industrials company specializing in the production and distribution of specialty chemicals and industrial tubular products, today announced the signing of a significant multi-year contract, expanding its relationship with an existing customer. The agreement is expected to generate more than $750,000 in additional annual EBITDA, representing a 10% year-over-year increase for the Specialty Chemicals segment. \u201cThis contract marks a significant milestone in our ongoing transformation and underscores our strategic shift toward becoming a pure-play specialty chemicals company,\u201d said Bryan Kitchen, President and CEO of Ascent. \u201cSecuring long-term, high-value agreements like this strengthens our financial position and … <\/p>\n

Continue reading “Ascent Industries Co. Announces Multi-Year Specialty Chemicals Contract, Driving Significant EBITDA Growth”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-838577","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nAscent Industries Co. 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(Nasdaq: ACNT) (\u201cAscent\u201d or the \u201cCompany\u201d), an industrials company specializing in the production and distribution of specialty chemicals and industrial tubular products, today announced the signing of a significant multi-year contract, expanding its relationship with an existing customer. The agreement is expected to generate more than $750,000 in additional annual EBITDA, representing a 10% year-over-year increase for the Specialty Chemicals segment. \u201cThis contract marks a significant milestone in our ongoing transformation and underscores our strategic shift toward becoming a pure-play specialty chemicals company,\u201d said Bryan Kitchen, President and CEO of Ascent. \u201cSecuring long-term, high-value agreements like this strengthens our financial position and … Continue reading "Ascent Industries Co. 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